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Panel upholds decision not to indict ex-Nissan Chief Saikawa

A Japanese prosecution inquest panel has upheld a decision not to indict former Nissan Motor Co. chief Hiroto Saikawa over a case of financial misconduct. (AFP)
A Japanese prosecution inquest panel has upheld a decision not to indict former Nissan Motor Co. chief Hiroto Saikawa over a case of financial misconduct. (AFP)
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28 Jan 2020 08:01:36 GMT9
28 Jan 2020 08:01:36 GMT9

TOKYO: A Japanese prosecution inquest panel has upheld a decision not to indict former Nissan Motor Co. chief Hiroto Saikawa over a case of financial misconduct allegedly involving former Nissan Chairman Carlos Ghosn, informed sources said.

A man in Tokyo had asked the panel of ordinary citizens to review the decision by public prosecutors not to indict Saikawa, 66, former president and chief executive officer of the Japanese automaker.

Ghosn has been charged with hiding some 9.1 billion yen of his pay in Nissan's financial statements between fiscal 2010 and fiscal 2017.

The statements for fiscal 2016 and 2017 were filed under Saikawa's name. But prosecutors decided not to indict him, citing a lack of evidence for his involvement in the case.

The inquest panel ruled that it cannot recognize that Saikawa knew about Ghosn's allegedly hidden remuneration. The panel said it cannot find a reason to decide that the prosecutors' decision was inappropriate.

JIJI Press

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